The dividend will be cut to the bone, you will not make that % yield !
They are going to get more federal funds, but that doesn't mean the equity price will recover (See Citigroup).
The bank will not fail, but that doesn't mean the stock can't keep going down - as the equity holder's value is close to zero, for now.
They are going to get more federal funds, but that doesn't mean the equity price will recover (See Citigroup).
The bank will not fail, but that doesn't mean the stock can't keep going down - as the equity holder's value is close to zero, for now.
hno:
that dividend is gone....if you buy this stock looking for A dividend your crazy...
i personally wouldnt buy the stock if i was gonna buy any sort of financial id buy the UYG (i own some shares of that) and i would seriously not look at it for 5 years...its gotta be 90+% off its high...its trading around $3.70 i think i just saw on cnbc....
i personally wouldnt buy the stock if i was gonna buy any sort of financial id buy the UYG (i own some shares of that) and i would seriously not look at it for 5 years...its gotta be 90+% off its high...its trading around $3.70 i think i just saw on cnbc....
i have a lot of friends that work there and sorry to say,i have to agree with you...they represent greed,gluttony,evil,corrupt and just about every other vile word known...the amount of money they have stolen from people over the years makes you want to vomit...
http://www.ripoffreport.com/searchr...=&q6=&q3=&q2=&q7=&searchtype=0&submit2=Search!
They drop a lot of their "restrictions" to open an account and openly let illegals who work here in the states open accounts to keep the money coming in. They have no scruples whatsoever. Hell here in Maryland you can go to some branches and they have a Spanish side and English side. Many of them straight out of the field or doing construction. I had a guy try to get me to front a business for him a few years back because he was an illegal along with his family members. They did renovating for apartments and these apartment complexes knew but hey cheap labor is good for them right. The guy wanted me to register the business and open up an acct to get a cut every month for doing nothing and BofA was more than happy to oblige and open up a business acct if I was willing to simply sign off. Decided against it and BofA let them open an account anyway. How I don't know but money is money to them
